And the agency can apply tariffs based on country and product-specific categories, notes Robert Scott, senior economist at the Economic Policy Institute. What can a president really do? Company-specific penalties are imposed only when the Commerce Department concludes that a foreign exporter is under-cutting prices in the U.S. or being unfairly subsidized, thus violating U.S. anti-dumping and countervailing duty laws “I have no knowledge of any existing executive authority that will allow the president to apply any company-specific tariffs,” Scott says…Reimported goods made by American companies abroad, carrying a 35% tariff, would obviously be priced higher, and that could also move domestic competitors to raises prices and generally lower consumers’ buying power. “It would push us into a recession,” Scott says.
USA Today
December 7, 2016
Though high, the ratio between Varsalona’s 2014-2015 pay and the earnings of his students pales in comparison to the difference between the typical corporate chief executive salary and that of his or her employees. In 2015, CEOs earned 276 times more than the average worker, according to the Economic Policy Institute, a left-leaning think tank.
Market Watch
December 7, 2016
“International comparisons can be instructive. It is useful to know that teachers in high-scoring Finland are prepared much more thoroughly than teachers in most U.S. states, and that high teacher salaries in Singapore and Taiwan have eliminated shortages in math instruction,” write Martin Carnoy, an education and economics professor at Stanford University, Emma Garcia, an economist at the Economic Policy Institute, and Tatiana Khavenson, a research associate at the National Research University Higher School of Economics in Moscow.
The Christian Science Monitor
December 7, 2016
The country now has 6.4 million part-time workers who would prefer to hold full-time jobs, but for a number of reasons aren’t able to secure such a role, according to new research from labor economist Lonnie Golden at the left-leaning Economic Policy Institute. While the overall unemployment rate has declined since the recession, his research found that the number of involuntary part-time workers remains almost 45 percent higher than in 2007, before the economic crisis.
CBS Moneywatch
December 6, 2016
A national study released last week said unfettered charter expansion in urban areas can undermine school districts and increase educational inequities, adding fuel to the debate over DeVos’ nomination. The report from the Economic Policy Institute in Washington examined the consequences of charter growth in 11 cities where at least 20 percent of students attend charters, including Philadelphia.
Philadelphia Inquirer
December 6, 2016
But Richard Rothstein, a research associate at the Economic Policy Institute, a left-leaning think tank, who focuses on issues of race and housing, told me that the real problem is not Carson’s empty résumé but his ignorance of history. “A lot of the headlines I’ve seen have made a lot of his inexperience,” he said. “I don’t think that matters. What matters is principle, and the problem is that he doesn’t have––apparently––the principles that are up to this task.”
Vice News
December 6, 2016
That’s not unusual across the country. “I haven’t seen any research that says charter schools are systematically better than [traditional] public schools,” Diane Ravitch says. Indeed, a widely cited Stanford University study in 2013 showed they performed no better on average, and some, of course, did worse. A new Economic Policy Institute report on 11 cities finds “many school districts have lost enrollment and revenue due to charter school expansion, which has increased inequities in the educational experiences for students.”
New Republic
December 5, 2016
Some economists, worried that the Federal Reserve is too focused on fears of future inflation, argue that the central bank should hold off on any increase in rates until conditions have improved further. “There’s no reason to pre-emptively slow the economy down, given that we’re starting from less than full employment,” said Elise Gould, an economist at the left-leaning Economic Policy Institute in Washington. “Right now, the priority should be keeping the economy on track and moving it forward.”
The New York Times
December 2, 2016
“While we still have more work to do, full employment is on the horizon. At this rate of payroll employment growth, we could conceivably see full employment and accompanying stronger wage growth as early as next year.” —Elise Gould, Economic Policy Institute
The Wall Street Journal
December 2, 2016
Montgomery County is Maryland’s most populous county and the most expensive in which to live. According to the Economic Policy Institute, in 2014 a single adult without children living in the Maryland suburbs of the District needed $41,424 just to make ends meet. That translates to $19.71 hourly. An adult raising just one child needs much more: nearly $64,407, or $30.97 per hour.
Washington Post
December 2, 2016